American Economy Ww2 Analysis

When World War I ended in 1918, it had many unforeseen economic consequences. Despite a stable economy when entering the war, the political consequences of World War I helped to spread and exacerbate the Great Depression. After the war, Germany had millions of dollars in reparations to the winning countries. France and Great Britain had massive damage to their countries and cities, all of which required rebuilding. The United States recognized a need and was more than willing to lend to these countries. When the Great Depression hit in 1929, U.S. banks started to fail, and began to call in these foreign loans and refused to lend more. Results of the Great Depression include a decline in the average income of Americans and greater

The First World War was the fundamental element that led to the economic boom; World War I represented the greatest explosion in investment, production, trade, science and technique in the whole of human history and it put its stamp on political developments in all the different parts of the world. World war I led to a number of things such as the civil rights movement, the economic boom and eventually the great depression both of which made a great impact on America at the time. The economic boom raised a lot of social standings when it came to money but people that grow up with money their whole lives would still look down on them even if they had more than they do. The Civil rights movement during the 1920s made things a lot different for

World War I began in 1914 as a result of several things including alliances and nationalism throughout the world, and imperialistic nations attempting to gain more global power. The United States tried to stay with the foreign policy known as isolationism and stay completely out of the war. However, due to Germany’s severe actions, America was forced to enter the war in 1917 on the side of the Allies. This greatly helped the Allies in accomplishing a victory. The war ended in 1919 although there were still bitter feelings between the different countries. Following World War I, United States’ government became more involved and there was rising conflict over political influence in other nations, the economy took a turn for the worst,

It is a known fact that war causes inflation which makes the prices of everything go higher as well as taxes. After World War I instead of going back down the prices continued to rise which helped to contribute to the deep depression felt during the Great Depression.

Americans have been wondering whether President Truman should’ve ordered the usage of weapons which was against Japan back in August 1945. The World War II which involved almost every part of the world. This decision had the citizens thinking every year that passes by as if the President had made wrong decision. This horrible event had the citizens in doubt. The results were not good for the Japanese civilians. Because the of the atomic bomb they had lost not only their families, but also their houses and businesses. It impacted the tens of thousands of people in every way possible. To what Americans observes from this is not only the pros it had brought for the citizens, but it

When the American stock market crashed on the infamous Black Tuesday in October 1929, the resulting circumstances were felt worldwide. This crisis resulted in a devastating economic collapse. The ensuing Great Depression was in fact a global event. The world was not immediately engulfed by this wave of economic decline. The timing of economic events varied greatly among nations. Different areas suffered from greater degrees and types of economic disaster. Yet, it spread like a wildfire. Many individuals blamed the US. They believed the Great Depression was largely "exported" by the United States through the economic policies it adopted during the 1930s. Major world nations responded to the economic crisis in various ways, as European powers and the Unites States strove to maintain global peace and the world military disarmament they had begun to establish in the 1920s.

The American economy thrived tremendously after World War II. During this time, more families were able to be considered middle class, thus enhancing our economy. It gave opportunities for families to move up economic classes in order to improve their wealth. The distribution of wealth evened out because of this concept. The programs and situations that concern to expanding the economy were the defeat of Japan and Germany, Baby Boom, GI Bill, Levittown, and Interstates. Furthermore, the programs and situations that concern to wealth distribution were Baby Boom, GI Bill, Levittown, Unions, and Interstates.

Following World War II, economic policies were marked by two major trends. On one hand, industrialized economies gradually removed trade barriers. These policies were based on the idea that free trade is not only a factor for economic prosperity of nations, but also for the promotion of peace. On the other hand, economic policies of many developing countries with the exception of few countries in Southeast Asia have been conditioned by the belief that the key to development rests in the establishment of a powerful manufacturing sector, and that the best way to create such an area was to protect local industries from international competition through substitution imports policies.

 rest of the world, especially Europe was also suffering from the outcome of the Great Depression, since the US immediately demanded that foreign debts be paid. Other world issues included Europe still dealing with the aftermath of World War I in a revolutionary style (an example is the instating of the Third Reich in Germany by the Nazi Party with Adolf Hitler as the country 's Chancellor).

The United States tried to stay neutral when war broke out in Europe in 1914, but the Germans violated their pledge with the United States; therefore, the United States was forced to enter the war against Germany. World War I brought a drastic change in America’s social and economic life. World War I is the first war to request mobilization of an entire population and economy. World War I brought a great demand in food, production of weaponries, money, and soldiers. The cooperation of businesses leaders, citizens, and agencies, composed of government officials, helped the government provide assistance and capability. For instance, businesses would offer their services at a low price. The War Industries Board and the National War Labor Board

The world war one impacted the american society politically economically and socially. The reason why it was impacted politically is because Socialist ideas experienced a boom in Europe spreading from Germany and the Austrian empire to Britain and France. Also the republic became the most popular government to gain influence after the war in Europe. The treaty of versailles had damage and harmful effects on the post war environment and caused Hostilities. Therefore, The war also impacted economically.

Prior to the Great Depression, the Economy in the U.S. was booming. As a result of WW1, most of the European economies were badly hurt due to the large amounts of factories that were destroyed and land that was lost or destroyed from the war. Many of these European countries needed to spend their money elsewhere so that they could continue to attain goods and necessities for their country

WW1 helped lift the U.S out of a recession as European countries increased their purchases of Americas goods. Prior to the war, Great Britain was an economic superpower and the U.S was a debtor nation, meaning that it owed way more capital in the international market than it had invested. The war destabilized the British economy, but the U.S emerged as a creditor nation and assumed the role of primary investor in Latin America and other parts of the world.

It also helped Germany pay their reparations. This, in the long term, would have prevented war. Yet as the American stock market crashed, it could no longer lend nearly as much, grounding the whole plan to a halt. This sent many other countries such as Japan into a deep depression.

World War I also effected the economy of United States and the World economy. Stock market crashed in October 1929 in United States, and it marked the beginning of the great depression. Thousands of banks and businesses failed during this time. Agricultural production fell, and unemployment rose quickly. Unemployment commonly exceeded twenty five percent. In 1933 one out of every four American workers was out of a job. Since World War I effected the economies of almost all the countries, the world trade fell off and countries turned to nationalist economic policies that only provoked the problem. Prices of everything were so high that money sometimes was more useful to burn than to spend. Counties had over 280, 000 million dollars in expense during war. The costs of World War I was too big to pay for the world, and the economy of almost all the countries fell down.